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Search Tags: financial management
Pundits may question whether Congress should have approved $804 billion in stimulus money via the Recovery Act of 2009. But many in government have come to realize that the independent agency charged with overseeing how that money was spent -- the Recovery Accountability and Transparency Board -- has a lot to teach financial managers about ensuring transparency and rooting out waste in government spending.
Tags: Recovery Act , RAT Board , Earl Devaney , Kathleen Tighe , Danny Werfel , Michael Wood , transparency , technology , financial accountability , Rise of the Money People , Michael OConnell , OMB , oversight
Steve Potts of the Graduate School USA explains what agencies need to do to prepare for financial management succession planning. The interview is part of Federal News Radio's special report, Rise of the Money People.
The Air Force Materiel Command is trying to save up to $1 billion through a process called High Velocity Maintenance. Dr. Steve Butler, the executive director of the Air Force Materiel Command, speaks with Francis Rose about how the process helps his agency save money.
Tim Lawler, director of the grants management practice at Grant Thornton and former director of financial management at the FAA, tells the Federal Drive with Tom Temin and Emily Kopp how the grants process can be streamlined at agencies.
Former DoD Deputy CFO Al Tucker and Asif Khan from the Government Accountability Office join Francis Rose on this week's edition of Pentagon Solutions to discuss the challenges DoD has in reaching a clean audit by 2017.
Bob Dacey, the chief accountant at the Government Accountability Office, helps Federal News Radio answer this question as part of our special report, Rise of the Money People.
President Thomas Jefferson spoke of the impenetrable financial fog the federal government found itself under in 1802. Unfortunately, some things never change. Former Labor Department CFO Sam Mok says there are three steps the new director of the Office of Management and Budget should take to begin making a difference in this arena. Mok's column is part of Federal News Radio's special report, Rise of the Money People.
The process of disposing of properties that have outlasted their usefulness to the government continues to vex agencies. As part of the special report, Rise of the Money People, Federal News Radio examines why the government has struggled with real-property management and the reform efforts on the table that could help make a difference.
Although they came from Planet Money, they look and act just like the rest of us. They work alongside us, sometimes they even run the show. So, who are these Money People? Where did they come from and where are they taking us? For answers, check out Federal News Radio's week-long series on the people who make the big-bucks decision, Senior Correspondent Mike Causey says.
Nearly 23 years after the seminal CFO Act became law, agencies have met its spirit and intent, experts say. CFOs today quickly are becoming more than just number crunchers. They are now masters of data analytics aimed at improving agencies' missions.